True North Advisors LLC raised its holdings in shares of iShares Gold Trust (NYSEARCA:IAU – Free Report) by 858.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 103,876 shares of the exchange traded fund’s stock after acquiring an additional 93,034 shares during the quarter. iShares Gold Trust comprises approximately 1.2% of True North Advisors LLC’s holdings, making the stock its 15th biggest position. True North Advisors LLC’s holdings in iShares Gold Trust were worth $7,559,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Keener Financial Planning LLC purchased a new stake in shares of iShares Gold Trust during the 2nd quarter valued at approximately $25,000. MTM Investment Management LLC bought a new stake in iShares Gold Trust during the 2nd quarter valued at $25,000. Private Wealth Management Group LLC raised its holdings in iShares Gold Trust by 290.9% during the 2nd quarter. Private Wealth Management Group LLC now owns 430 shares of the exchange traded fund’s stock valued at $27,000 after acquiring an additional 320 shares during the period. Key Financial Inc purchased a new stake in shares of iShares Gold Trust during the second quarter worth $28,000. Finally, Traub Capital Management LLC bought a new position in shares of iShares Gold Trust in the second quarter worth $31,000. Institutional investors own 59.67% of the company’s stock.
iShares Gold Trust Stock Performance
Shares of NYSEARCA IAU opened at $83.59 on Tuesday. iShares Gold Trust has a fifty-two week low of $49.00 and a fifty-two week high of $83.66. The stock has a market cap of $68.89 billion, a PE ratio of 5.53 and a beta of 0.09. The stock has a fifty day moving average of $78.25 and a 200-day moving average of $70.15.
More iShares Gold Trust News
- Positive Sentiment: Gold has been hitting fresh record highs, lifting ETFs and bullion-backed funds as investors rotate into safe havens amid rising geopolitical risk. Gold Hits Record High Amid Rising Geopolitical Risks
- Positive Sentiment: Macro drivers — softer inflation prints and growing expectations for U.S. rate cuts — are cited across coverage as a key bullish catalyst for gold prices and thus for IAU flows. How investors buy gold and what fuels the market
- Positive Sentiment: Strong institutional demand and technical breakouts are extending momentum; analysts and forecasters point to continued upside into 2026, supporting investor interest in gold ETFs. Gold (XAUUSD) & Silver Price Forecast:: Institutional Demand Keeps Trend Constructive
- Positive Sentiment: Large bilateral bullion flows — notably reported Chinese purchases from Russia — point to meaningful physical demand that tightens global balances and supports bullion-backed ETFs like IAU. Largest bilateral gold trade in history? China buys nearly $1 billion in bullion from Russia in November alone
- Positive Sentiment: Major banks’ bullish price targets (e.g., JP Morgan/Goldman views cited in market coverage) give institutional investors conviction for further allocations to gold exposure. JP Morgan sees gold at $5,055 by Q4 2026
- Neutral Sentiment: Practical guides and primers on how to invest in gold (futures, ETFs, physical) may drive retail flows into low-cost vehicles such as IAU, but their directional impact is gradual. How to Invest in Gold
- Neutral Sentiment: Articles comparing cheap/easy ways to access gold (media roundups) raise awareness — supportive over time but not an immediate price catalyst. Easiest and Cheapest Ways to Invest in Gold Without Owning Any
About iShares Gold Trust
iShares Gold Trust (the Trust) is to own gold transferred to the Trust in exchange for shares issued by the Trust (Shares). Each Share represents a fractional undivided beneficial interest in the net assets of the Trust. The assets of the Trust consist of gold held by the Trust’s custodian on behalf of the Trust. The sponsor of the Trust is iShares Delaware Trust Sponsor LLC (the Sponsor), which is an indirect subsidiary of BlackRock, Inc The trustee of the Trust is The Bank of New York Mellon (the Trustee) and the custodian of the Trust is JPMorgan Chase Bank N.A., London branch (the Custodian).
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Want to see what other hedge funds are holding IAU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for iShares Gold Trust (NYSEARCA:IAU – Free Report).
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